Momentum - who do you love.

[Maurice]

LOL guys!


ps - UncleMik - nt sure if you've seen me post about it, but I actually live in Brooklyn!

[cute fuzzy bunny]

Yep, every time I see one of your posts, that frickin song runs through my head.

[ERD50]

Must be 'who' - Bo Diddley couldn't be wrong, could he?

But now I can't read the title w/o drumming the desk top with a shuffle beat....

- ERD50

I walked 47 miles of barbed wire,
Used a cobra snake for a neck tie.
Got a brand new house on the roadside,
Made out of rattlesnake hide.
I got a brand new chimney made on top,
Made out of human skulls.
Now come on darling let's take a little walk, tell me,
Who do you love,
Who do you love, Who do you love, Who do you love.
Arlene took me by the hand,
And said oooh eeeh daddy I understand.
Who do you love,
Who do you love, Who do you love, Who do you love.
The night was black and the night was blue,
And around the corner an ice wagon flew.
A bump was a hittin' lord and somebody screemed,
You should have heard just what I seen.
Who do you love, Who do you love, Who do you love, Who do you love.
Arleen took me by my hand, she said Ooo-ee Bo you know I understand
I got a tombstone hand and a graveyard mind,
I lived long enough and I ain't scared of dying.
Who do you love (4x's)
by Bo Diddley

[HFWR]

The night was dark, the sky when blue
When 'round the corner the $hit wagon flew
Shots rang out, a scream was heard,
A man was killed by a flying turd...

Least, that's the way I heard it...

[unclemick]

Quote:

Originally Posted by cute fuzzy bunny I thought the song clearly said "WHO DO YOU LOVE?!?!!!" But some people call him Maurice... And that song includes a made-up word!

Steve Miller Band - eh! I actually had him among many other - dast I say it, 33 1/3 LP's that went with the house in Katrina.

Not chasing the hot mutual fund with the mo - but the principle is the same - every few years I Google or find a version of Bernstein's 15 Stock Diversification Myth which shows the odds are again ya - I read the reverse to pep me up - a 1 in 6 chance of hitting 'the stock'.

Being male and above ground with a few functioning hormones left - I still entertain visions of knowing when to hold em and when to fold em with my hobby money.

Target Retirement 2015, small pension, early SS for real retirement.

heh heh heh - I really did miss Maurice was from Brooklyn - saw the NYC.

[Maurice]

Quote:

Originally Posted by cute fuzzy bunny Yep, every time I see one of your posts, that frickin song runs through my head.

I'm showing my age on this... I'm both too young and too old for the Steve Miller reference. The first time someone here linked my screen name to the song (and at least three people have) I had to google to understand the reference. (after googling, though, I realized I had heard the song)

I'm too old because my musical taste runs from the 18th century to the early 20th, with some exceptions. In fact, on a whim I choose Maurice when signing up because I was obsessing with working on a Ravel piece at the time.

Maybe you could start whistling jeux d'eau when I post? Or (god forbid) Bolero?

[cute fuzzy bunny]

Bolero has a different connection in my brain. Its a good one though...

Hmm, I wonder what old Bo Derek looks like these days.

[TickTock]

Fundx and momentum floated through my mind again...

Here is a five-year comparison of FundX Upgrader, Vanguard's 500 Index, and Vanguard's Total Stock Market funds:

link

Morningstar's evaluation of FundX:

link

>90% in stocks, large blend, ~75% of stocks are international. From FundX's site, about 30% is in their more aggressive categories 1 and 2.

From Vanguard and FundX's websites, 5-year annualized returns for their funds:

Vanguard 500 Index 11.89%
Vanguard Total International Stock Market 22.20%
FundX Upgrader 17.29%

Now, (11.89% * 0.25) + (22.20% * 0.75) = 19.62%

Looks like FundX does trail the relevant composite index by about their 2.2% expenses. Athough the above analysis doesn't take into account the ~9% cash/bonds position of FundX, which would make FundX look better.

[unclemick]

I think the fundemental problem with the love/hate attitude and shades in-between toward fund X is the momentum chasing aspect - the ability to identify, case and catch momentum in 'the' asset classes having the mo. When your asset class mix changes so much through time - how do you you identify the risk you are taking relative to a fixed asset class mixture - and after expenses/trading/switching costs - is it worth the effort.

A difficult calculation given that future is not what it used to be. - with apologies to Yogi Berra.

heh heh heh - TickTock's calc is a good swag.